Question:What does the $25,000 margin account requirement do to protect a day trader?
A It guarantees they will always have $25,000 money available if they decide to quit day trading.
B Little — the requirement is more to protect the brokerage.
C It is a reserve they can use for trading at some later date.
D It buys insurance from the NASD.
+ AnswerD
+ Explanation
+ Report